Oil, Gas & Mining

17-02-2006
Himalaya Energy (Syria) B.V. is the new Amsterdam-registered 50:50 Joint Venture Company that acquired the entire shares of Petro-Canada in Al Furat Petroleum Company.
03-02-2006
The United States has voiced strong opposition to India’s Oil and Natural Gas Corp (ONGC) purchase of the stake of Petro-Canada in Al Furat Petroleum Company (AFPC).
03-02-2006
The Ministry of Oil and Mineral Resources has received 23 bids from thirteen different companies for exploration works on the nine blocks offered for tender in the round held last December in Damascus.
17-01-2006
Syria is planning to double its oil refining capacity in the coming five years and switch its exports towards refined products, according to Ibrahim Haddad, Minister of Oil and Mineral Resources.
05-01-2006
The leading oil companies of China and India have finally agreed to jointly acquire a Canadian firm's petroleum interests in Syria in their first collaborative venture.
05-01-2006
Syria has signed a memorandum of understanding with a Russian company for the construction of a USD 2.7 billion refinery and petrochemical plant in Deir-ez-Zor.
17-12-2005
Stratic Energy Corporation has announced that it was selling a 31.67% participating interest in the Production Sharing Contract ("PSC") the company had signed with the Syrian Government and the Kuwait Foreign Petroleum Exploration Company (&a...
17-12-2005
Syria awarded Russia's Stroytransgaz company two natural gas contracts worth a combined USD 370 million that are expected to be implemented in about two years.
01-12-2005
Petro-Canada is expected to finalize the sale of its stake in Al-Furat Petroleum Company (AFPC), after reports have emerged that a number of companies are finalizing their bids.  
01-12-2005
France’s Total has denied that it was currently holding discussions with the Syrian Government for the building of a new refinery.
15-11-2005
The decrease in oil production levels is prompting the Syrian government to open new blocks for drilling to Arab and other foreign companies.
15-11-2005
Syria is engaged in negotiations with French, Chinese and Russian firms for oil projects worth USD 4.4 billion, Abdallah Dardari, Syria’s deputy PM for economic affairs, said during a conference in Manama.
01-11-2005
A subsidiary of giant Russian company Gazprom won a tender to build the third part of the Arab Gas Pipeline that will ship gas from Egypt across Jordan to Syria and Turkey.
15-09-2005
Stratic and its partner the Kuwait Foreign Petroleum Exploration Company (KUFPEC) finalised the deal they had initialled last April over the development of Block 17.
16-07-2005
ExxonMobil has sold its 49% share in ALIMCO, an oil lubricants joint-venture it operated in Syria with local partners, according to AFP. The shares were sold to Syrian businessmen.

Events

SyrPower 2011
Damascus International Fairground
SME Support Fund
Damascus Chamber of Commerce